Tuesday, February 6, 2007

New Kodak Printer Uses 50% Less Ink

Eastman Kodak Co. (EK.N: Quote, Profile , Research) is introducing a line of desktop printers and low cost replacement inks on Tuesday, as the photography company takes on a market dominated by Hewlett-Packard (HPQ.N: Quote, Profile , Research).

For the camera maker, the long awaited launch of inkjet printing products kicks off a year in which it hopes to end the tough and expensive three year transformation that has seen the company shed tens of thousands of workers.

Kodak said it will in March start sales of 3 EasyShare All-in-One printers, ranging from $150 to $300, which will print, scan and copy document and photos. Black replacement ink cartridges will sell for about $10, and a color one for about $15, about 50 percent less than its rivals, Kodak said, adding that it will profit on sales of both printers and ink.

If this product:

1.) Works as advertised

2.) Produces good quality documents

3.) and the ink prices remain at these levels

I will be a very happy man.

Anyone who has a link to a review of this product, please post it in the comments.